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I know everybody. This is long and one

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or two questions which you probably
have and then I intend to answer

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that America for three hundred years has
been the land of promise for the rest of

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the world the land of new front
here. You opportunities for all.

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Today the job of build this nation
geographically is completed.

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There are no new frontiers
within our borders.

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So here are my questions

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and your horizons can we look where
our tomorrows opportunities.

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What's ahead in America.
For you for your children.

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Is not a difficult assignment
to answer these questions.

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The front tires of the
future are not on any map.

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They are in the minds of
men and in the test tubes

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and laboratories of the great industries
we have built up here in America

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but now what's ahead of us.
Many of us have had our doubts.

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There are those who say today that
opportunities have ceased to exist.

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Things are plenty. We have
everything and not enough.

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There can be no more progress.

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Almost one hundred years ago in the patent
office in Washington the commissioner of

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patents was just as pessimistic
as anyone. You have ever heard.

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From tech to perceive

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that much.

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In other words in eight hundred forty four
the commissioner was about ready to shut

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up the patent office and go home. Believing
that everything had been invented.

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That industrial progress in America
had already come to an end.

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He didn't know

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that within two years he would be signing
a patent on a method of vulcanizing

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rubber from which there was destined to
spring up hundreds of new industries

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and jobs by the thousands that were
made possible through this one idea.

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The pessimists never
dreamed of the marvels

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that would soon follow their
printed important facts

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that we should know so well as long as
there is a problem to be solved our

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desire to the American
ingenuity will not rest.

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Today industry in this country is spending
over two hundred million dollars a year

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to improve products

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and develop new products which means new
industries new jobs they are working

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constantly to solve problems

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and find ways to give us what we want
better things for less money in any one of

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thousands of test tubes of today there are
million job opportunities for tomorrow.

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Fifteen years after Commissioner Elsworth
gloomy predictions surprised skeptics by

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pumping petroleum out of the hills
of Pennsylvania for years it was a

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troublesome byproduct millions
of gallons of it into the rivers

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and streams then science discovered
that gasoline was liquid horsepower.

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What has happened since
employment to millions of people

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and these are only two products from
crude petroleum which was industrially

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worthless.

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Until American technicians changed the
barrel of oil into the Latins lamp which can

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produce an endless variety of valuable
product look at just a few things created by

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scientific research in laboratories
operated by the oil companies of America by

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products of patrol.

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From what you have sprung up entirely
new industries face cream for the

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tasteless waxes for certain
kinds of canned wax for sealing

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fertilizers for the farmers

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on the highway

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and on this front tire opportunities
have hardly been talked about

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but to get out of the business and find
out what's going on in other fields.

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I've been around a lot and talked
with some of these research

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and they won't make predictions
because they only insight

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but they're on their way to new ideas
new things that will astonish us

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when they are announced. For instance
one research man said recently.

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There is one research

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that has been going on for a long
time to find out why we can see

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you say it's transparent.

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Let me only an adjective not a reason
engineers think they know what fiction is

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but actually they can't tell you what it
is any more than they can tell you what

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electricity is in one big research laboratory
trying to find out what makes grass

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green and the answer to

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that question may keep us in just busy
for years with automobile engines.

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We just really stop

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that someday they will give us
three hundred miles to the gallon.

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And as far as I could live. Well
so many improvements to come.

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That will make today's lighting
look like to tell a candle.

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We have discovered how to manufacture
rubber from limestone salt and water.

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From a product of cutting
spending a supplement finer than

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that of the SO born out of water

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and coal we produce a fertilizer for
which Americans formerly had to travel

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thousands of miles and we found
the colors of the rainbow

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and the print fumes of
nature's sweet spot.

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Chemistry is creating new and
more comfortable giving you find

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and yet that's actually people motor
cars that have clothes food and sound.

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Well today just one great chemical company
is the farmer's biggest single customer

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buys sixteen million five hundred thousand
pounds of cotton from one hundred

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thousand acres seven hundred thousand pounds
of cotton seed oil thirty six million

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pounds of cotton Linter thirty
six million bushels of corn

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thirty eight thousand tons of wood
pulp forty million gallons of molasses

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six million five hundred thousand
pounds of turpentine and rosin

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and twenty three million pounds of vegetable
oil these purchases in the aggregate

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represent the yield of over four million
acres of farmland which would more than

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cover the whole state of New Jersey

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and the chemical is just dawning already
industry is making airplane propellors

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with sour milk as an
ingredient from cotton

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and artificial they're from the
same material the time may come

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when the American farmer will grow a crop
of automobile engines are rocking chair

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the few things.

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My friends are only a hint of what
American industry homes in the future

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and remember every time one of these
infant industry clicks with the public

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what you want. Presto a new industry is
created with new jobs and new payroll.

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Here are just a few unbreakable
optical lenses for your glasses

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from rubies from peach pits spun his from

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wooden cars artificial

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from Coke

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and limestone gases from the factory
converted into antifreeze for your car

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have been raised on chemicals from the
laboratory plants grown with outside

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cotton sour milk formaldehyde

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and carbolic acid all scramble
together in the laboratory

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or a fountain pen telephone parts

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and many other plastics and utilities.

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So maybe the moon is made of green cheese

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and even if it isn't the explorers of the
research laboratories could probably find

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a way to run thing is certain it is these
research activities sponsored by American

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industry that have brought us this far

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and will continue to create further
progress and the industrial scientists

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and engineers are the pioneers of present
day America the creators of progress you

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industries

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and new jobs train your son the laboratories
of American industry to see what's

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ahead. It's that they will
bring future all right.

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Not because there are no new
front here but progress.